Buenaventura Mining Co Q4 EPS $(0.04) Misses $0.15 Estimate, Sales $253.80M Beat $201.44M Estimate
Portfolio Pulse from saritha@benzinga.com
Buenaventura Mining Co (NYSE:BVN) reported a Q4 EPS of $(0.04), missing the $0.15 estimate by 126.67%, and a 114.81% decrease from last year's $0.27. However, their quarterly sales of $253.80M exceeded the $201.44M estimate by 25.99%, marking a 3.00% increase from the previous year.

March 01, 2024 | 5:40 am
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NEUTRAL IMPACT
Buenaventura Mining Co reported a significant miss in Q4 EPS but exceeded sales estimates, indicating mixed financial health.
The significant miss in EPS could negatively impact investor sentiment due to concerns over profitability. However, the beat on sales estimates suggests that the company's revenue generation is stronger than expected, potentially offsetting some negative sentiment. The mixed results create uncertainty, leading to a neutral short-term price direction.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100